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CRM glossary

Next best action

Also called: NBA, offer ranking

Next best action is a decisioning approach that, for each customer at each moment, ranks the messages or offers available and picks the one with the highest expected value. It replaces campaign-by-campaign scheduling with a single queue, which settles the weekly argument over who gets to contact the same customer. It needs eligibility rules, propensity scores and a value estimate per action. Start with rules and an explicit priority order; the model can come later.

Articles using this term · 2